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Re: fatcat2 post# 31

Friday, 06/18/2021 2:46:43 PM

Friday, June 18, 2021 2:46:43 PM

Post# of 73
I dont buy the 8 million revenue figure. Sites like konaequity dont have the real numbers. They usually pull this from credit agencies who are usually way off or outdated. With at least 9 locations and maybe more , my guess and its just a guess is that they might do roughly 3 to 5 million per location each year. I guess if they do a financial filing with the SEC , that should give us the real number. Im guessing its much higher that 8 mil. My guess would be $25 to 50 million. If they made a small profit of just 300k per year (it could be more or it could be a loss) , 300k with our small float and a low price per earnings ratio could mean a much higher share price. Now maybe it will show they lose money but I doubt it. Most medical clinics make a fortune. I guess they make at least $300k profit and that could be really low. We shall see. Go PRMD !

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